Risk Ledger has secured £24 million growth investment from Axiom Equity and returning investor Mercia to enter the United States.
It says the Series B funding will enable more organisations to move beyond traditional third-party risk management and towards active supply chain security.
Risk Ledger was built for how supply chains actually work. The platform is network-first: each supplier completes one standardised assessment and maintains it across the network in real time, replacing repeated questionnaires with a single, current profile that every connected organisation can see.
As more organisations join, the picture grows sharper for everyone on the network. It says this ‘active supply chain security’ is a continuous and collaborative way to manage systemic risk, where organisations stop defending alone and begin to ‘defend as one’.
More than 16,000 organisations now sit on the network, across critical sectors that include financial services, insurance, critical national infrastructure, and both central and regional government.
“When we started Risk Ledger, third-party risk was something every company managed on its own, and collaboration across supplier ecosystems within sectors was rare,” said Haydn Brooks, CEO and co-founder.
“We built the company on one conviction: organisations are stronger when they ‘defend as one’, sharing intelligence and reducing risk together rather than in isolation.
“That conviction now connects more than 16,000 organisations. This investment lets us build that vision faster, extending collective defence to more customers, putting AI to work on the manual tasks that consume security teams, and bringing active supply chain security to the United States.”
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Jonathan Organ, founding partner of Axiom Equity, added: “Risk Ledger is creating a category rather than competing in an old one.
“The network it has built is hard to replicate and grows more valuable with every organisation that joins, which is exactly the kind of business we look to back. The team has earned real trust with serious customers, and the product reflects that discipline.
“We are pleased to lead this round as the final investment from our first fund, and to support Risk Ledger through its next stage of growth.”
Adam Lovell of Mercia Ventures added: “We backed Risk Ledger at Series A because we believed Haydn and the team had identified a fundamentally better way to manage supply chain cyber risk. Three years on, that conviction has only strengthened.
“The team, customer base and the quality of the product all speak for themselves. We are delighted to welcome Axiom as lead investor and excited to see what the business can achieve with the capital and operational support this round provides.”
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